LRN INVESTORS: Stride, Inc. Stock Drops 50% after Low Enrollments Announced – Contact BFA Law by January 12 Securities Class Action Deadline

Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 12, 2026, to request to lead the case, which is pending in the U.S. District Court for the Eastern District of Virginia [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Stride securities [2]. Group 2: Allegations Against Stride - Stride, an education technology company, allegedly inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to poor customer experiences and higher withdrawal rates [3]. - The company claimed to be experiencing growth and strong demand, which is contradicted by the allegations of inflated enrollment figures and compliance failures [3]. Group 3: Stock Price Impact - On September 14, 2025, a report of the fraud allegations caused Stride's stock to drop by $18.60, or over 11%, from $158.36 to $139.76 per share [4]. - Following Stride's admission of poor customer experience on October 28, 2025, the stock plummeted by $83.48, or more than 54%, from $153.53 to $70.05 per share, with an estimated impact of 10,000-15,000 fewer enrollments [5].